• Credit, House Prices, and Risk Taking by Banks in Norway 

      Karapetyan, Artashes (Staff Memo;13/2011, Working paper, 2011)
      Motivated by alternative explanations of the financial crisis (e.g., Acharya and Richardson, 2010; Taylor, 2007), I study, first, repercussions between house price growth and household credit growth in Norway, and second, ...
    • House Prices and Household Consumption 

      Grindaker, Morten Haabeth (Staff Memo;11/2017, Working paper, 2018)
      Neither standard economic theory nor empirical studies provide an unequivocal answer to the question of the effect of changes in house prices on household consumption. Estimating this effect empirically is demanding because ...
    • The housing Phillips curve and momentum in the Norwegian housing market 

      Kirkeby, Sara Jahr; Nenov, Plamen T. (Staff Memo;10/2023, Working paper, 2023)
      This paper provides descriptive evidence for a housing Phillips curve in Norway, suggesting a negative relationship between the ratio of inventory-to-sales and subsequent house price growth in the market for existing homes. ...
    • Quantifying macroeconomic uncertainty in Norway 

      Bowe, Frida; Kirkeby, Sara J.; Lindalen, Ingvild H.; Matsen, Kristine A.; Meyer, Sara S.; Robstad, Ørjan (Staff Memo;13/2023, Working paper, 2023)
      This paper presents a framework for quantifying uncertainty around point forecasts for GDP, inflation and house prices in Norway. The framework combines quantile regressions using a broad set of uncertainty indicators with ...